Wenger's side won 3-1 against Everton, but Liverpool's 3-0 victory over Middlesbrough and Manchester City's 5-0 demolition of Watford pushed Arsenal out of Europe's elite.
After reaching the Champions League for the last 19 seasons, Arsenal will spend next term trekking around the unglamourous outposts of the Europa League.
That indignity will cost Arsenal an estimated £50 million in revenue and increase the pressure on Gunners boss Wenger, who has endured a miserable season filled with fan protests and calls for his resignation.
